Cisco ServiceNow: latest upgrades and downgrades

Cisco

Analysts were busy upgrading, downgrading, changing price targets and starting to cover multiple companies this week.

upgrade

Current service (just now)-Get report Morgan Stanley analyst Keith Weiss upgraded its weight from equal weight to overweight, citing the growth potential of workflow software companies. According to Bloomberg News, Weiss raised its target stock price from $559 to $652, which is the highest estimate on Wall Street.

Downgrade

Dow Company (Dow)-Get report Analysts at Deutsche Bank and Bernstein both downgraded their ratings, and they both worried about the slowdown in polyethylene prices. Deutsche Bank downgraded Dow Jones Industrial’s stock rating from “buy” to “hold”, while Bernstein downgraded its rating from “outperform” to “market performance.”

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